SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s Statistical Office released its 2024 Social Trends report on December 19, revealing significant insights into the potential impact of artificial intelligence (AI) on jobs, rising obesity rates, and shifting societal behaviors. AI and Job Displacement AI technologies like ChatGPT could replace 2.7 million jobs, nearly 10% of [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Koreans will soon be able to benefit from a new service that analyzes their usage patterns to recommend optimal smartphone plans, according to an announcement by the Ministry of Science and ICT on December 18. The initiative was approved along with four other regulatory exemptions during the 38th New [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co. will unveil its new home appliances lineup powered by artificial intelligence (AI) technology at the upcoming CES next month, the company said Wednesday. The lineup, comprising the new Bespoke refrigerator, washer and dryer applied with AI home solutions, will be showcased at CES 2025, set to [...]
SEOUL, Dec. 18 (Korea Bizwire) — The upcoming Consumer Electronics Show (CES), the world’s biggest annual tech conference, will “dive deeper into” artificial intelligence (AI) and other trending technologies that will bring people-centered innovation, a senior official at the event’s organizer said. Brian Comiskey, senior director of innovation and trends at the Consumer Technology Association [...]
SEOUL, Dec. 18 (Korea Bizwire) – A breast cancer screening AI solution is proving to be a valuable assistant to medical professionals, helping to identify tumors that might otherwise go undetected, according to a physician at Yongin Severance Hospital. In an interview on December 16, Dr. Lee Si-eun, a radiologist at the hospital, described how artificial [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s antitrust watchdog has identified multiple structural factors that could restrict fair competition and harm consumer interests in the country’s generative artificial intelligence market, according to a policy report released on December 17. The Korea Fair Trade Commission (KFTC) announced plans to closely monitor the market and begin reviewing [...]
SEOUL, Dec. 17 (Korea Bizwire) — The Bank of Korea (BOK) is developing an artificial intelligence-based early warning system to better prepare for potential risks, its chief said Tuesday. During an international forum in Seoul, BOK Gov. Rhee Chang-yong said the central bank had decided to actively invest in the AI-based financial forecast and warning [...]
SEOUL, Dec. 16 (Korea Bizwire) – A domestic AI model has demonstrated remarkable proficiency in South Korea’s notoriously challenging College Scholastic Ability Test (CSAT), achieving a near-perfect score in the Korean language section. According to the ICT industry on December 16, startup MarkerAI tested OpenAI’s models on the 2025 CSAT, with its “o1-Preview” model earning a [...]
SEOUL, Dec. 13 (Korea Bizwire) — Major South Korean companies are gearing up to showcase future technologies powered by artificial intelligence at CES 2025, the world’s largest consumer electronics and IT trade show set to take place next month. Samsung Electronics Co. plans to set up the largest exhibition booth at the upcoming CES to [...]
SEOUL, Dec. 12 (Korea Bizwire) – In a push to overcome the dominance of English and Chinese-based artificial intelligence systems, South Korean tech companies are developing AI models specifically tailored to Korean language and cultural contexts. Most AI models undergo training and fine-tuning processes using predominantly English and Chinese-based data, raising concerns among developers and companies [...]